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Search Results 0 to 7 of about 8 (some duplicates have been removed)
Oct 2, 2012 2:30pm PDT
that to send help. the fdic was fighting a battle. derivatives is a pri, congress passed a law that provided anybody. as a result, we got into the crisis, we had hundreds of trillions of derivatives that were based on these mortgages. how the derivatives performed would be based on how mortgages were performing. and nobody had good information about this market. those are key mistakes rubbermaid leading up to the crisis. -- does for key mistakes that were made leading up to the crisis. the regulators should have stood up to it. the pressure was relentless from the industry. and you still see it now as they tried to implement dodd-frank. tavis: you were a regulator. how much of this crisis had to do with regulators who just got rolled? >> a lot of it did. i have some anecdotes. you cannot win with the industry. not all banks -- there were some banks that are not part of the problem. there are some banks trying to help the reform process. a lot of industry lobbyists to weight -- who were in an irresponsible part of the crisis the fdic was pushing very hard to tighten lending standards
Oct 4, 2012 8:00am EDT
to lay out the facts. is it the case that most of this push, these strict voter i.d. laws, this is being pushed almost exclusively by republicans, yes or no? >> there are issues where democrats and republicans are at fault, where they are both to blame. this is not one of these issues. this is an issue that since the 2010 elections, laws that restrict the right to vote have been passed overwhelmingly by republicans in states with republican legislatures and republican government. that includes efforts to crack down on voter registration drives, to make it harder for people to register by demanding proof of citizenship. that means cutting back on early voting. that requires the government- issued i.d. to cast a ballot. that prevents ex-felons from voting after they served their time. purging the voter rolls. these are all laws that have been passed by republicans and republican states. that is why the article was titled the gop war on voting. tavis: why are the republicans pushing this issue? what is the take away for them? >> if you ask republicans why they are pushing the issue, t
Search Results 0 to 7 of about 8 (some duplicates have been removed)